Tag Archive: SNB Apple Holdings
In Unprecedented Intervention, Swiss Central Bank Bails Out Firm That Prints Swiss Banknotes
In the most ironic story of the day, the company that makes the paper that Swiss banknotes are printed on was just bailed out by the money-printing, stock-purchasing, plunge-protecting, savior-of-global equities…Swiss National Bank. While The SNB has a long and checkered history of buying shares in companies… as we have detailed numerous times.
Read More »
Read More »
Fed’s Asset Bubbles Now At The Mercy Of The Rest Of The World’s Central Bankers
"Like watching paint dry," is how The Fed describes the beginning of the end of its experiment with massively inflating its balance sheet to save the world. As former fund manager Richard Breslow notes, however, Yellen's decision today means the risk-suppression boot is on the other foot (or feet) of The SNB, The ECB, and The BoJ; as he writes, "have no fear, The SNB knows what it's doing."
Read More »
Read More »
“Mystery” Central Bank Buyer Revealed: SNB Now Owns A Record $84 Billion In US Stocks
In the second quarter of the year, one in which unlike in Q1 fund flows showed a persistent and perplexing outflow from US stocks and into European and Emerging Markets, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a "mystery" central bank was quietly bidding up risk assets by aggressively buying stocks.
Read More »
Read More »
“Mystery” Central Bank Buyer Revealed, Goes On Q1 Buying Spree
In the first few months of the year, a trading desk rumor emerged that even as institutional traders dumped stocks and retail investors piled into ETFs, a "mystery" central bank was quietly bidding up risk assets by aggressively buying stocks. And no, it was not the BOJ: while the Japanese Central Bank's interventions in the stock market are familiar to all by now, and as we reported last night on sessions when the "the BoJ comes in big, the...
Read More »
Read More »
Swiss National Bank’s U.S. Stock Holdings Hit A Record $63.4 Billion
Being able to print your own money and buy stocks at any price sure can be fun. Just as the SNB which unlike many other (if ever fewer) central banks admits to doing just that. In its latest 13F filing, the Swiss National Bank reported that the value of its portfolio of US stocks rose again in the fourth quarter, increasing by 1.6% from $62.4 billion as of Sept. 30 to a record high $63.4 billion at the end of the year.
Read More »
Read More »
L’argent des banques centrales finit dans les paradis fiscaux!
Nous savions que la crise avait laminé les finances des Etats, de l’économie publique et des familles. Jusque là rien de nouveau. Mais en finance, quand quelqu’un perd, il y a en général quelqu’un d’autre qui gagne la même somme et peut-être plus. A moins qu’il ne s’agisse de billets physiques que l’on flambe, c’est comme ça.Nous allons donc nous intéresser aux grands gagnants de la crise financière.
Read More »
Read More »
“Mystery” Buyer Revealed: Swiss National Bank’s US Stock Holdings Rose 50 percent In First Half, To Record $62BN
In a month, quarter and year, in which many have scratched their heads trying to answer just who is buying stocks, as both retail and smart money investors have been aggressively selling, yesterday we got the answer.
Read More »
Read More »
Swiss National Bank’s U.S. equity holdings hit record $61.8 billion last quarter
The value of the Swiss National Bank’s U.S. stock portfolio jumped to a record in June, helped by equity market gains. The holdings climbed to $61.8 billion from $54.5 billion at the end of March, according to calculations by Bloomberg based on the central bank’s regulatory filing to the U.S. Securities and Exchange Commission and published on Wednesday.
Read More »
Read More »
Apple Jumps After Berkshire Reveals 9.8 Million Share Stake
After three consecutive weeks of seemingly relentless bad news for Apple, moments ago the stock jumped by $2 dollars, rising from $90.5 to over $92.50. Some hope for the Swiss National Bank or will Berkshire shares sink together with Apple and the SNB?
Read More »
Read More »
As Carl Icahn Was Selling Apple, This Central Bank Was Furiously Buying
We hope for the sake of Swiss residents that equity markets never suffer a dramatic drop. The SNB has “invested” 20% of Swiss GDP in stocks. When will the ivory tower economists ultimately lose control of the most manipulated, centrally-planned market in history?
Read More »
Read More »
With Tech Tanking, Can Anything Save The System?
Submitted by John Rubino via DollarCollapse.com,
First it was the banks reporting horrendous numbers — largely, we were told, because of their exposure to recently-cratered energy companies. Now it’s Big Tech, which is a much harder thing t...
Read More »
Read More »
Wall Street and SNB In Pain: 163 Hedge Funds Are Long AAPL Stock
First it was the blow up of hedge fund darling Valeant that crushed countless funds who were long the name.
Then, one month ago after the collapse of the Allergan-Pfizer deal, we showed (one of the reasons) why the hedge fund world continued to unde...
Read More »
Read More »
Why The Powerball Jackpot Is Nothing But Another Tax On America’s Poor
Now that the Powerball Jackpot has just hit a record $1.4 billion, people, mostly those in the lower and middle classes, are coming out in droves and buying lottery tickets with hopes of striking it rich.
After all, with $1.4 billion one can ...
Read More »
Read More »